1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

FOREX PRO Weekly July 02-06, 2012

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Jun 30, 2012.

  1. D.R.&Quinch

    D.R.&Quinch Sergeant

    Joined:
    Dec 3, 2011
    Messages:
    661
    Likes Received:
    3
    what software did u use for thast chart minimax?
     
  2. minimax

    minimax Sergeant Major

    Joined:
    Dec 2, 2010
    Messages:
    1,165
    Likes Received:
    69

    fxcm (trading station) marketscope 2.0
     
  3. seedof

    seedof Corporal

    Joined:
    Mar 10, 2008
    Messages:
    99
    Likes Received:
    0
    okay thanks minimax
     
  4. minimax

    minimax Sergeant Major

    Joined:
    Dec 2, 2010
    Messages:
    1,165
    Likes Received:
    69
    np, u r wellcome; it is not the best but ok, the best so far, for me, ProRealTime
     
  5. D.R.&Quinch

    D.R.&Quinch Sergeant

    Joined:
    Dec 3, 2011
    Messages:
    661
    Likes Received:
    3
    cheers dude. gl in exam seedof
     
  6. Marketjoy Trader

    Marketjoy Trader Private, 1st Class

    Joined:
    May 12, 2010
    Messages:
    81
    Likes Received:
    0
    Minimax, can you pls kindly elaborate on the chart? some of us are not able to interprete it. thanks
     
  7. Marketjoy Trader

    Marketjoy Trader Private, 1st Class

    Joined:
    May 12, 2010
    Messages:
    81
    Likes Received:
    0
    And again, how do i set about getting
    fxcm (trading station) marketscope 2.0. I check fxcm and could only see mt4.

     
  8. D.R.&Quinch

    D.R.&Quinch Sergeant

    Joined:
    Dec 3, 2011
    Messages:
    661
    Likes Received:
    3
    minimax, the last consolidation pattern on your chart, the corrective one- could it be considered as greater in time and or price than any previous correction? if so, would that make the plunge down a wave one of a new minimum 5 wave down?
     
  9. minimax

    minimax Sergeant Major

    Joined:
    Dec 2, 2010
    Messages:
    1,165
    Likes Received:
    69
    Hi

    I count Elliott waves so my abc/ABCs are corrective waves; I do not wright ABCDs although I measure them all the time

    Daily

    EURUSD_070512_Daily.

    Hourly

    With blue labels is signed last (I believe so) leg of correction which is E of triangle on Daily and at the same time top of 4th wave; C is top of 4th wave on Weekly; I estimate that we will hit just the first target of 5th wave marked with black label what will at the same time be end of 5th wave marked with red label, this is 100% expansion but should not go below 262%; the move must be motive wave (classical impulse or ending diagonal, seen on lower time frames); this will also be end of IIIth wave which is extended with red marked waves, which is also extended with black marked waves; at this level Alternate bat pattern is possible so retrace is also possible; how strong retrace can be have no clue but do not expect very big; red doted line is at former support, so far not yet resistance so I find it attractive; 5th wave can end with Crab at 1,2220/20; we get new low - 5th waves on Daily and Weekly and here I expect strong reversal; of course we can go deeper and that will last leg - wave tells us; I just do not believe we will drop like a stone and I really think we will see 1,4000 before we see 1,2000.

    Hope you will be satisfied if not - here I am.
     
  10. minimax

    minimax Sergeant Major

    Joined:
    Dec 2, 2010
    Messages:
    1,165
    Likes Received:
    69
    #100 minimax, Jul 5, 2012
    Last edited: Jul 5, 2012

Share This Page